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| China |
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China: Economic freedom index, 5-year change
Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:
Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal
China has poor house price statistics. The National Bureau of Statistics of China (NBSC) has quarterly house price time-series but these are not publicly available. Another source of house price indices is eHomeday, Shanghai's largest property market web site, which has time-series for Shanghai, Nanjing, Hangzhou, Beijing, Yangzhou and Suzhou (but the site is only in Chinese, and no time-series are available). Colliers International publishes useful housing data in their quarterly property market reviews. General economics statistics are available from the NBSC and the People�s Bank of China.
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